Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s): GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.

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Greenbriar Sustainable Living Inc > Montalva Update

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Post by shnepson Jul 05, 2024 10:48am

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Post# 36119632

Montalva Update

It appears that the legal counsel for PBJL Energy (since 2021) has resigned from the case.

PBJL has sent numerous letters to the PREB since October 2023 requesting theh PREB approve the final agreement, apparently with no avail.

PREPA is also requesting the case against PREPA be dismissed with prejudice. Otherwards, stating that this will no longer be PREPA's problem (assuming along with the potential lawsuit or Plan "B" would no longer be on the table) but would now land in the PREB's responsibility lap. This could very well be the reason for the PREB's sitting on this awaiting a legal counsel.

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